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20120927
20120927
Search Results 0 to 9 of about 10 (some duplicates have been removed)
chair ben bernanke announced qb three. overseas, spain announcing its budget for next year. you have to love that. a draft budget. the spaniards are not happy about it all. it took to the streets again today, third day in a row if you are counting the austerity watch. the country must convince europe and the world that it can effectively deal with its debt crisis. the market moving higher today on speculation as well that the central bank of china may move to stimulate the world's second-largest economy, which is dragging along at an estimated, at best, 4-5% growth rate. in economic news we told you earlier that gdp in durable goods fell, but weekly jobless claims surprised some by falling 26,000 last week to 359,000, the lowest level in just about two months. contracts to buy previously owned homes fell over two and a half percent in august, but still above last year. joining me now, the chairman and ceo of bedford oak advisers. great to have you here. 13% plunge in durable goods orders. two percentage. existing home sales. and the market is in love. what's going on? >> he predicted
about you by ben bernanke, will serve as a bridge over fiscal cliff and not take us down. the federal stance will take higher paying dividend companies into gems, seeking income, we'll band in bonds of cash poor countries and buy cash rick countries with yields that well exceed treasuries and still own a lot of gold. there's not a nation on earth that doesn't want its currency lower. that reserve currency is gold. also not to toot my own horn too hard, but throughout this period i recognized primacy of some bigger stocks, intel, wells fargo, verizon come to mind or the recognition you must own, not trade, own apple until it's too expensive versus it's growth rate and it's not near there yet. you have now heard pretty much everything. you've heard the last of when i've done over the last 12 months, at least for this evening. while i can already see the youtube about how cramer himself admits he's always getting things wrong, i thought for posterity i should lead with something more positive about "mad money," the youtube clips you post or go on jim cramer economics, hey, knuckle head,
numbers come down even further. are these the numbers that forced ben bernanke, even though i don't think he is making the right move, is this what he felt compelled to do all he did in qe-3? >> we have seen this. third-quarter gdp number since 2008. we are churning through what happened inventory in the economy in 2008. we will live through the same cycle in 2012. we are really looking at the data that ben bernanke's right, it looks like we are looking into another recession here, even though the stock market says the all-time highs are bumping up levels where we would not be seeing additional stimulus. david: i hear a lot of people expressing their october surprises. we have had some of this before, 1987, is anybody down there expecting those? >> yes, they are. keep in mind, something happens that is profoundly different. we have seen a meaningful location out of consumer staples and financials end technology. that is eerie. people are really starting to get data. is this the beginning of the end of an october debacle or something new? that is the argument that is going on on the floor
to disagree with ben bernanke. james bullard with us saying the central bank's latest stimulus program may have been a mistake. he'll explain next. >>> plus, spending twice your annual income sounds like financial suicide, right? what if i told you that's exactly what many of the lower earnings of america are doing now? stay with us. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-866-29
ben bernanke said the fed's latest stim tim was motivated by the need to get more americans back to work. we'll get a look at who is hiring right now. cheril casonny is back. >> good morning. and we want to start with medifad. and jenny craig are growing and hiring and so it is a great way to work out and get a job and help people out at the same time. 150 jobs by the end of the year. production and distribution and work in call center and many don't want to go to the centers ceo of the company was on my fox business show and asked him where the growth is coming from. >> we are coming out with 11 new products over the last few months and more in november. we have send great success and growing at over 20 percent. our growth rate is high. >> he had a lot of -- he took over his brother's position in the company. >> bj restaurant. >> from dieting to now food. burger frys and shakes. they are hiring and 123 casual dining restaurants 2400 to 3200 austin and veg and college station and hoim. aggies and voted best place to work. benefits. full-time and hourly employees are eligible for
of economically growth in washington right now? ben bernanke trying to create the wealth effect. everybody feels more wealthy because the asset prices are going up, that helps the economy come around. by the same token if you look to the democratic side of things, if you look at the other guys, now we have to expand government and that will get the economy turning. i found that odd both of those are being played together at the exact same time right now. stuart: see you again soon. according to new polls for president obama has a big lead in the female vote over mitt romney. in ohio the president leads romney 60-35 among women. now obama deputy campaign manager says women don't care about the president's record. listen to this. >> they're not really concerned about what is happening over the last four years. stuart: congresswoman joins us now. it is very hard to get around or explain the enormous lead president obama seems to have among women voters. i put it to you they're going to be president because they're getting bought on that issue. tell me i am wrong. >> i do think you're a little bit w
there and ben bernanke held a news conference saying they're going to go through another round of quantitative easing, printing money. the message to donors was this -- the "barack obama is at it again, spending your tax dollars per "two things about that -- the fed is reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of all their previous quantitative easing. so the opposite of spending your tax dollars is true. and of course the fed is legally independent and run by guy appointed by george w. bush. so this was so completely over the top that we decided we have to do a piece on that particular e-mail. pretty much these messages to true believers exceed what we have already defunct. >> we are out of time. thank you for your attention. we appreciate your questions. [applause] >> coming at 4:30, we will be live at the un for a speech from the president of libya. he will be speaking before the general assembly gathered this week. coverage starting at 4:30 eastern. we will have that live on c- span. before that, earlier today, israeli prime
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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